Quote from: Renampun on June 14, 2024, 10:12:03 PM

Quote from: 3la9l_kolbaCa on May 31, 2024, 10:07:12 PM

Quote from: casey15 on May 03, 2024, 12:54:04 PM

...

Do not quit your job if you have one until you have become very profitable in bitcoin trading. The market can become very unpredictable and you can lose funds, so for you not to go bankrupt you should be very profitable before you quit you job or any other source of income you have.

Do not forget that you should always risk what you can afford to lose.

If you're already having huge capital for investment, maybe you can have that mindset losing what you can afford. Same with the friend of mine who quit his job, unfortunately the money he saved didn't prosper and eventually got burned in trading. Without proper knowledge on cryptocurrency trading, everything turned down and got vanished when trading without any concrete foundation of skills.

Without strong determination, in-depth knowledge and good emotional control, it will be difficult for a trader to make a profit from his trading activities. I'm not a professional trader, but the losses I receive every time I trade are quite small because I always sell when the asset I'm trading goes up 10% or 15% (usually altcoins), when it goes up more than that then I'll buy bitcoin. for my long term investment. Nowadays we have to be able to group the assets we want to manage and always prepare assets for long-term investment (not just for trading) and For those who are not yet ready to do trading, don't try to leave your job now.

It's true, while we are learning to trade, our main job is the current job, even if you have big profits and feel that it is easy for you to trade, still use trading as additional income, remembering that we will of course also experience difficult times in trading, and whether we be ready for all of that, especially if we are still beginners in doing it, of course this can damage our psychological stability. Moreover, with various trading methods, it can be done by placing pending orders and targets